Forwarded from Watcher Guru
BREAKING: 🇩🇪 Germany's government sells off all of its Bitcoin holdings, totaling $2.9 billion.
@WatcherGuru
@WatcherGuru
Watcher Guru
BREAKING: 🇩🇪 Germany's government sells off all of its Bitcoin holdings, totaling $2.9 billion. @WatcherGuru
Such a dumb decision. They will buy back at a higher price in 1-2 years.
DiveInDefi
Good news everyone! We have a clear path. - 200D MA reclaimed ✅ - big spike even piercing my resistance zone ✅ - we now must defend the 200D MA which is 59.4k currently.
Chart looks bullish here. However, we hit the next and bigger resistance here at 63k.
I personally expext it to break with a dip/slowing movement here.
If we break 63k -> higher low confirmed.
If we fail to break 63k -> bull trap still in play.
I personally expext it to break with a dip/slowing movement here.
If we break 63k -> higher low confirmed.
If we fail to break 63k -> bull trap still in play.
DiveInDefi
One last push over 64.8k pls 🤞
This was expected.
Hitting support here. If we bounce up from 62k, the structure would be butter smooth 🙌
Hitting support here. If we bounce up from 62k, the structure would be butter smooth 🙌
DiveInDefi
This was expected. Hitting support here. If we bounce up from 62k, the structure would be butter smooth 🙌
Butter smooth and now we start eating the 64.8ks
DiveInDefi
Butter smooth and now we start eating the 64.8ks
Structure wise on point - a retest of 64.8k. We can go higher now.
Turns out that Trumps VP is giga bullish on crypto. He wants to ease many crypto laws and hates Gensler.
This is a great potential accelerator for the anticipated alt season.
This is a great potential accelerator for the anticipated alt season.
On another note: stocks like Nvidia and other semiconductor companies are currently weak aftermarket.
They have, for the most part, solely moved SPX for the past half year.
That said, if they dump = bad for SPX, bad for everything else.
If they dump but people rotate into smaller stocks = good for the market.
It is long overdue that rotations happen. The market hasn‘t been this unbalanced for years. A balacing is hat we need to avoid a nasty market crash.
Tl;dr:
If Nvidia et.al. ⬇️, rest ⬆️ = moon
If Nvidia et.al. ⬇️, rest ~~ = we are going to have a very unpleasant time unless you are in cash or gold.
They have, for the most part, solely moved SPX for the past half year.
That said, if they dump = bad for SPX, bad for everything else.
If they dump but people rotate into smaller stocks = good for the market.
It is long overdue that rotations happen. The market hasn‘t been this unbalanced for years. A balacing is hat we need to avoid a nasty market crash.
Tl;dr:
If Nvidia et.al. ⬇️, rest ⬆️ = moon
If Nvidia et.al. ⬇️, rest ~~ = we are going to have a very unpleasant time unless you are in cash or gold.